Los Angeles-based Tryperion Partners recently closed on the purchase of Gateway Plaza (138,510 sf) located at7513 N Loop 1604 E, adjacent to the new At Home store (formerly Garden Ridge Pottery) situated near the Interstate Highway 35/Loop 1604 interchange in the Northeast community of Live Oak.
The center’s tenant line-up includes Burlington Coat Factory, Hancock Fabrics, Goodwill Store and others. Occupancy at time of sale was reportedly 97 percent.
The acquisition also included vacant land for future development of the center.
Gateway Plaza marks Tryperion’s latest buy in the Alamo City. Last September, the private real estate investment firm purchased the Oakwell Springs apartment complex — a 252-unit multifamily community located at 1946 NE Loop 410 in North Central San Antonio.
Click to read: Tryperion buys Northeast San Antonio’s Gateway Plaza (San Antonio Business Journal, 8-25-14)
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